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    Our foreclosure articles include information on the different types of foreclosure properties available. Each one has definite characteristics that you need to recognize in order to make informed decisions.

    Foreclosure homes - Also called foreclosed homes - These are houses that have been foreclosed because of non-payment of the mortgage and are now bank owned homes. Distressed properties - Sometimes called fixer upper homes, these are homes that are in need of repairs. The degree of repairs needed and your ability to identify and price those repairs correctly, will determine whether they ar

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    inite characteristics that you need to recognize in order to make informed decisions.

    Foreclosure homes - Also called foreclosed homes - These are houses that have been foreclosed because of non-payment of the mortgage and are now bank owned homes. Distressed properties - Sometimes called fixer upper homes, these are homes that are in need of repairs. The degree of repairs needed and your ability to identify and price those repairs correctly, will determine whether they a

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    ed foreclosed homes - These are houses that have been foreclosed because of non-payment of the mortgage and are now bank owned homes. Distressed properties - Sometimes called fixer upper homes, these are homes that are in need of repairs. The degree of repairs needed and your ability to identify and price those repairs correctly, will determine whether they a
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    owned homes. Distressed properties - Sometimes called fixer upper homes, these are homes that are in need of repairs. The degree of repairs needed and your ability to identify and price those repairs correctly, will determine whether they a
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    he degree of repairs needed and your ability to identify and price those repairs correctly, will determine whether they are a good investment. Our site includes a guide on how to buy distressed properties.

    Real estate auctions, or foreclosure auctions - Some bank owned homes and government properties at sold at real estate auctions. Bidding on these properties requires the use of a real estate agent, but if the auction purchase is done right, you are able to buy a very cheap house. Federal homes - These are homes that are owned by different government agencies as a result of foreclosures, or

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